Horizon Vision

Parliament unanimously supported calls to prevent "jobless growth" amid AI disruption. The government will study enhancing jobseeker support thresholds and expanding upskilling initiatives. New tripartite councils aim to ensure inclusive workforce transformation for all workers.

Singapore earned a top rating in fighting financial crime, though penalties need strengthening. Leaders are set to discuss trade and energy security at the ASEAN Summit. Additionally, COE bidding saw gains in large cars, while analysts remain bullish on Grab despite regulatory challenges.

Large car COE (Category B) gained significantly in May's bidding round (+4.3%), surpassing mainstream cars. Mainstream COEs also rose due to strong EV interest. Experts predict continued price increases across categories, especially ahead of the upcoming Car Expo.

Singapore is establishing a new Skills and Workforce Development Agency by Q3. It merges SSG and WSG to create a one-stop shop for workers and employers. This aims to provide integrated support for skills upgrading, career planning, and employment matters amid global changes.

ComfortDelGro launched customized QR codes through its Zig app to simplify ride bookings. Scanning these codes at designated locations automatically loads the pickup point, greatly assisting seniors, caregivers, and tourists across Singapore.